👁️👁️👁️📚📚📚USDT (Tether) vs USDC (USD Coin) Differences between 📚📚📚👁️👁️👁️

Definition of USDT: USDT (Tether) is a cryptocurrency pegged to the value of the US dollar at a 1:1 ratio, issued by Tether Limited. It acts as a bridge between the digital world and traditional finance, maintaining its value stability (1 USDT = 1 USD).

Definition of USDC: It is a stable cryptocurrency pegged to the US dollar at a 1:1 ratio, issued by Circle with support from Coinbase. It features higher reliability than USDT.

Source:

USDT from Tether (lacks transparency),

USDC from Circle and Coinbase (more organized).

Reserve:

USDT is backed by a mix of assets,

USDC is fully backed by dollars.

Acceptance:

USDT is dominant in global trading,

USDC is preferred by institutions.

Risks:

USDT has a questionable history,

USDC is more reliable.

Usage:

USDT for quick transactions,

USDC for safe investment.

Conclusion:

USDT for liquidity,

USDC for security.